When you opt for a monthly annuity in retirement ... life annuity than if you opt for the joint-and-survivor benefit, because the expected payment period is longer. Contact the folks running the ...

Pension income generally stops at the first death if a single-life payout is selected and second death if the joint-life income ... estate investments. Retirement income plans often don't include ...

assuming they meet certain work and retirement age requirements. For instance, a plan might stipulate that a participant will receive 50% of their final pay for life, provided they work for 30 ...

A pension, or defined benefit plan, is a retirement fund in which the company ... "You can take your payment over a joint life period (both spouses) or you can take your payment for a defined ...